There is a picture at 5:52 in this video that overturned my understanding:

Bill Gates is worth 65 billion euros (≈0.06 trillion euros)

The total amount of cash in the world is 5 trillion euros

Real assets provide €75 trillion per year

The total debt of countries, companies and individuals around the world is 200 trillion euros

but:

705 trillion. This is the value of all financial derivatives.

It’s also a speculative gamble on the future.

They contribute nothing to the real economy

In other words: I used to think that for example, the currency circle

There must be a small amount of money in such-and-such lending market;

But it’s possible that the money just came out of thin air.

They are not even part of the money deposited by the customer.

Is this extra money made out of thin air far more than the speculation money of individual currency circle participants?

For example, the video says:

According to the textbook, it is actually wrong for a bank to receive a deposit and then transfer it to the borrower.

In fact, deposits are deposited in banks and cannot be moved. For a loan of 10,000 yuan, you only need to give 100 yuan to the central bank, and the bank figures can be "issued" out of thin air.

For example, during the boom of the last bull market, policies, institutions, and national guidance found a pool to put the huge amount of increased money into. This is the currency circle

And this is what Gugua said: In fact, crypto is a pure financial market, which has the same meaning as trading the number of likes on Twitter and trading how many ships will pass by the Huangpu River tomorrow. This is finance that purely allows speculation. market. Gives us a good chance to gamble.

So in fact, the currency circle is just a "digital banknote out of thin air" issued by finance and then found a very pure financial speculation pool and put it into it.

So, this is what bull market speculation is about.

Only then did I realize the actual meaning of civilians and bastards. That is, we live and work in peace and contentment, and all the cash flow allowed by society is a kind of seabed that is strictly elevated by the upper-level financial buildings. The upper-level society looks like the sky, but in fact it is the same as the fake blue sky painted by the casino. On the blue sky mural ceiling, They are the small number of people who construct finance, the dictators at the top of the pyramid, and they gather together.

Above this ceiling is a huge amount of money issued out of thin air, flowing here out of thin air. And be strict about it.

The video also talks about a company where employee wages are very tight and have not been increased. However, the company hired foreign workers from the UK. Click on the homepage to continue.